Borough proposes housing size limit. Money quote,
Roman Barsky, owner of Princeton Township-based builder Barsky Homes, warned that the proposed ordinance poses a significant downside for Princeton residents who live in the borough’s more modest houses but might want to sell their property.
“The large homes in Princeton will benefit because there will be a limited amount of large homes in Princeton,” Barsky said.
“That will affect very badly the nonwealthy population, while the wealthy ones will benefit,” he contends.
Mr. Barsky’s right. Even the borough mayor realizes that “If you do not renew the housing stock in some way or another, you, in some point in time, create a slum”.
The consequences of this proposed limitation are long-term and will affect only the smaller properties. While the Borough and Township have fooled themselves into believing that “it will preserve diversity”, because “every little house near a big house is at risk“, the fact is that according to the borough’s construction office, only three permits for teardowns have been issued in the last two years.